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A daily news site covering all things crypto and the decentralized web.
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Traffic Dip Hits OpenAI's ChatGPT: The First Time's the Hardest

This would be the first decline in traffic since OpenAI launched ChatGPT.
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$126M in Multichain Funds ‘Abnormally’ Moved to Unknown Address, Says Troubled Bridging Project

Co-founder of the bridging protocol Multichain said that the project was hit by yet another hack amid an "abnormal" transfer of $126 million.
Binance CEO Calls Reasons Behind Employee Turnover 'Completely Wrong'

Changpeng Zhao hit back at reports describing Binance's several top executives' departures as “full-on turmoil,” calling them “more FUD.”
Crypto Without the US? Don’t Bet on it, Says BITKRAFT Legal Manager

BITKRAFT'S legal counsel believes the U.S. is getting regulatory clarity soon. He also predicts AI will be a boon to venture capital firms.
EU Regulators Warned: Don’t Ignore DeFi

A trade body for Europe’s wholesale financial markets says that decentralized activities need to be regulated.
Bitcoin Falls to $30,000 Amid Expectations of Fed Rate Hike

A preliminary monthly report on the U.S. job sector jolted risk-on sentiments yesterday, as the market prepared for higher interest rates in July.
Elon Musk Calls Motion to Kick Tesla Attorneys Off Dogecoin Lawsuit an 'Insult'

Elon Musk's legal team has said claims they acted inappropriately are "audacious allegations."
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Gemini Lawsuit Accuses Barry Silbert and Digital Currency Group of Fraud

Gemini Trust Company has sued Digital Currency Group and CEO Barry Silbert for fraud, according to a complaint filed Friday.
OpenSea Now Supports NFTs on Zora's Ethereum Layer-2 Network

Zora's Optimism-based Ethereum scaling network gets a key ally in OpenSea, which will let users trade and mint the NFTs via its paltform.
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US Still 'Center of Gravity' for Crypto Industry, Says K33 Research

The U.S. accounts for 30% of the industry's headcount, even if regulatory enforcement will create “some pain in the short term."
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Bitcoin BRC-20 Tokens Are Now Moving Over to Ethereum

Leading Bitcoin BRC-20 tokens ORDI and OXBT are being bridged over to Ethereum as tradable NFTs on OpenSea and Blur.
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Polygon Labs Shakeup: President Ryan Wyatt Out, Marc Boiron Named CEO

Wyatt called the news "bittersweet" and said he'll be advising Polygon, investing, and otherwise staying in the industry.
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AI Will Choose Bitcoin as Its Native Currency, Predicts Arthur Hayes

Bitcoin is everything AI needs to stay alive, writes the former Bitmex CEO: Permissionless, scarce, and always-on.
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"Games of the Future Are Going to Be Different," Says Splinterlands Cofounder

Splinterlands Cofounder Matt Rosen tells Decrypt's Kate Irwin about how the game has evolved over its five-year history and why he doesn't listen to the FUD around crypto.
Gotta Go Slow: 'Sonic' Creator Sega Rethinking Crypto Games, Won't Use Major IP

Sega co-COO Shuji Utsumi says the gaming giant is pulling back on blockchain plans, calling play-to-earn games "boring."
Andy Murray’s Wimbledon Tennis Data Transformed Into NFT Artwork

Refik Anadol, creator of MoMA's buzzy "Unsupervised" exhibition, created the open edition Ethereum NFT work based on Andy Murray’s tennis data.
AI Chatbot Allegedly Backed Man's Plan to Kill Queen Elizabeth II

A Replika chatbot was allegedly "impressed" with the man's aims, weeks before he infiltrated Windsor Castle grounds in 2021.
A Fraction of its Former Highs, What's Next for DeFi?

DeFi's salad days are far behind it, and in the wake of Terra's collapse, many are wondering what's next for the future of finance.
‘AI Is My Muse’: Jenni Pasanen's Journey as a Digital Artist

Jenni Pasanen, a rising star in the digital art scene, turns to AI as a tool to augment her dreamy creations.
Bitcoin Spot ETF Will Open Door to New Investors: Volatility Shares Co-Founder

"Why on Earth wouldn't they allow spot Bitcoin through," said Volatility Shares co-founder Justin Young.
An Ethereum Developer Explains Why Proto-Dansharding Is a Big Deal

“We will be able to handle data much more efficiently, and in a cheaper way as well,” he said.